Anglo American eyes dividend before June platinum wing spinoff
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Anglo American PLC plans to spin off its platinum division by June and distribute an additional dividend of $0.9 billion to shareholders before the split.
February 17, 2025 | 8:00 am
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Anglo American PLC is set to spin off its platinum division by June, with a $0.9 billion dividend payout to shareholders before the split.
The announcement of a $0.9 billion dividend payout and the spinoff of the platinum division are significant corporate actions that are likely to positively impact AAUKF's stock price in the short term. The dividend provides immediate value to shareholders, while the spinoff could unlock further value.
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